Comments on: Five Plutocracy-Busting Ideas from America’s Progressive Past

By: Five Plutocracy-Busting Ideas from America’s Progressive Past – Campaign for America’s Future | Blog. | digger666

Tue, 27 Nov 2012 19:42:10 +0000

[...] Five Plutocracy-Busting Ideas from America’s Progressive Past – Campaign for America’s…, Progressive Breakfast, 27 November 2012 [...]

By: Philip Anderson

Philip Anderson — Tue, 27 Nov 2012 17:26:03 +0000

Great points. I would add:
1) pass a constitutional amendment to repeal Citizens United and end corporate “personhood”,
2) forbid corporations from owning other companies thus getting rid of needless, wasteful, and economically destructive buyouts, hostile takeovers, mergers and the building of conglomerates.

I would also add that we have banking alternatives now. They are locally owned, depositor owned credit unions. People just need to USE THEM.

By: Progressive Breakfast - Campaign for America's Future | Blog

Progressive Breakfast - Campaign for America's Future | Blog — Tue, 27 Nov 2012 12:52:17 +0000

[...] OurFuture.org’s Sam Pizzigati: “In my new book ‘The Rich Don’t Always Win: The Forgotten Triumph over Plutocracy that Created the American Middle Class,’ I trace the incredible feats those progressives accomplished over the first half of the 20th century … How can we get back on a plutocracy-busting track? We could start by revisiting those struggles of years past that came up short … One: Require the rich to annually disclose the income they’re reporting to the IRS and how much of that income they actually pay in taxes … Two: Leverage the power of the public purse against excessive corporate executive pay … Three: Give Americans a safe alternative to private banks … Four: Tax undistributed corporate profits. … Five: Cap income at America’s economic summit.” [...]